Date Approved
04/09/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
NORTHGATE APPLIANCE LLC
Borrower Address
451 E Lakewood Blvd
Borrower City
HOLLAND
Borrower State
MI
Borrower Zip
49424-2064
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
141387.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTAWA
Project State
Project Zip
CD
MI-02
Jobs Reported
15
NAICS Code
443141
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
11387.00
Payroll Proceed
104000.00
Mortgage Interest Proceed
Rent Proceed
14000.00
Refinance EIDL Proceed
Health Care Proceed
12000.00
Debt Interest Proceed
0
Business Type
Limited Liability Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
132247.31
Forgiveness Date
12/10/2020